Greenland - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Greenland was 22,339,000,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 22,339,000,000 in 2019 and a minimum value of 11,470,700,000 in 2003.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2003 11,470,700,000
2004 11,964,700,000
2005 13,044,000,000
2006 13,658,100,000
2007 15,010,600,000
2008 16,998,000,000
2009 16,857,900,000
2010 20,041,400,000
2011 22,274,100,000
2012 19,039,900,000
2013 18,172,300,000
2014 17,568,900,000
2015 18,149,000,000
2016 19,008,700,000
2017 19,360,400,000
2018 19,395,700,000
2019 22,339,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts